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Please helpppp, I will leave a rating! Direct Materials Purchases Budget Killingsworth Inc. budgeted production of 51,000 personal journals in 20Y6. Paper is required to
Please helpppp, I will leave a rating!
Direct Materials Purchases Budget Killingsworth Inc. budgeted production of 51,000 personal journals in 20Y6. Paper is required to produce a journal. Assume 62 square yards of paper are required for each journal. The estimated January 1, 2016, paper inventory is 190,000 square yards. The desired December 31, 2046, paper inventory is 142,000 square yards. If paper costs $0.13 per square yard, determine the direct materials purchases budget for 2016. If required, round your final answer to the nearest dollar
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